Memecoins

Venture capitalists and hedge funds are buying Meme coins like Shiba Inu and Dogwifhat. Should you?

Published

7 months ago

5 May, 2024

Venture capitalists and hedge funds are buying Meme coins like Shiba Inu and Dogwifhat. Should you?

New, sophisticated players with deep pockets are now emerging.

Cryptocurrency coins like Shiba Inu (SHIB -4.44%) do not have a reputation for being the type of investment that would interest serious institutional investors from banks and hedge funds. It is obvious that tokens are too useless, too speculative, too volatile, too impenetrable and too unpredictable. be usable in any type of complex financial strategy — right?

It turns out that meme coins are indeed a growing area of interest for professional money managers. That doesn’t mean you should rush out to buy them, but it does suggest that there are more opportunities in the segment than many people might think. Let’s take a look at which players are doing what, why they’re interested, and how you could also participate and invest in memes, under the right conditions.

Here’s Who’s Buying Meme Coins and Why

So far, a few companies are known to compete and use coins as part of their strategy.

Since December, Stratos, a hedge fund supported by venture capitalist like Mark Andreseen of Andresseen Horowitz, managed a fund that holds dog hat(Wireless -2.34%), a new meme piece on the scene that features a shiba inu dog with a cute knitted hat. Pantera Capital, a crypto-focused hedge fund, also owns memes and says “meme coins are here to stay” while touting their outsized growth potential. Other companies have touted the benefits offered by more mature cryptocurrency exchanges, which now have features enabling the use of more sophisticated investment strategies.

The biggest appeal of investing in meme coins is that gargantuan returns are possible even with a small initial capital commitment. For example, the Shiba Inu is up 221% over the past three years, although investors who bought it before its massive rise in 2021 briefly saw much higher returns. In the context of a hedge fund, investment bank or venture capital group, clients would be extremely happy to see gains of this magnitude. Yet even smaller, undiscovered coins can offer even higher returns than these.

Of course, the smaller a coin is market capitalization, the more likely it is that it will simply hit zero or become too illiquid to transact. And almost all meme coins are extremely risky investments that are horribly volatile on average. But for a wealthy investor willing to do the research and take many small bets in the context of a well-calibrated investment strategy, these are hurdles worth circumventing in exchange for exposure to the disproportionate returns that hide in memes.

Don’t start dabbling before you get your house in order

It goes without saying that most investors don’t have the same resources that hedge funds and similar organizations can provide. This means that you shouldn’t jump into the cryptocurrency deep end just because they are excited to do so.

However, with the right preparations, it can be beneficial for your portfolio to be exposed to meme coins.

The first step is to diversify your portfolio stocks and other non-crypto investments so that it is more resilient to issues affecting individual industries and regions. Warren Buffett may have been of the opinion that diversification is only for those who do not have a full understanding of the forces and risks affecting their investments, but investing in meme coins without properly protecting the more conservative parts of your portfolio , it’s like buying a house without taking out any insurance (don’t do that, please).

The next prerequisite for starting to invest in meme coins is to be serious with yourself about how much money you can actually afford to lose. Most meme coins are poor choices that will burn through your money, often incredibly quickly. Until you have some experience in the field, doing much more than investing in a more proven meme asset like Dogwifhat or Shiba Inu will come with an expensive learning curve. So don’t commit money that you will need again, because disasters are inevitable and you must be prepared to survive them. Consider a sized allocation of around 1% of your portfolio.

Finally, prepare yourself emotionally. As the late, great investor Charlie Munger said, “The big money is not in buying and selling but in waiting.” With meme coins, the wait can be uncomfortable or downright anxiety-inducing, and it can also last for years. You’ll need to be prepared to stick with your high-conviction picks despite wild price swings, and only take profits when it fits what your well-defined investment plan calls for.

Once you’ve checked the right boxes, don’t hesitate to follow these hedge funds into a position in Dogwifhat or something similar. Doing your own research and identifying promising investments for yourself is where the best returns lie. If the short history of meme coins is any guide, there could be some huge winners waiting to be discovered.

Alex Carchidi holds positions at Shiba Inu and WIF. The Motley Fool has no position in any of the securities mentioned. The Mad Motley has a disclosure policy.

Fuente

Memecoins

Memecoins dominate major derivatives in terms of open interest | Flash News Detail

Published

4 months ago

1 August, 2024

TokenTalk Staff

Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum

Disclaimer

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Fuente

Memecoins

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings

Published

4 months ago

1 August, 2024

TokenTalk Staff

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don't miss the winnings

August offers investors a unique opportunity to capitalize on the potential gains offered by Shiba Inu (SHIB) and Mpeppe (MPEPE)These two memecoins take advantage of the viral nature of internet memes and popular culture, attracting a diverse and enthusiastic audience. In this article, we’ll look at why Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for gains this month and why you shouldn’t miss out on the potential profits.

The viral power of memecoins

Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid spread of the cryptocurrency’s brand and message across various online platforms, potentially appealing to a broader and more diverse audience. Shiba Inu (SHIB) and Mpeppe (MPEPE) are great examples of how this viral potential can translate into substantial community growth and market presence.

Shiba Inu: riding the wave of popularity

Shiba Inu (SHIB) has established itself as a major player in the memecoin space. With its cute canine mascot and strong community support, Shiba Inu (SHIB) has gained a significant following. The coin’s ecosystem continues to grow, with projects like ShibaSwap adding to its utility and appeal. Investors are optimistic about Shiba Inu’s future, expecting it to ride the wave of popularity that has kept it in the spotlight.

Ecosystem expansion

THE Shiba Inu (SHIB) The Shiba Inu (SHIB) ecosystem is constantly expanding, offering new features and utilities that enhance its value proposition. Projects like ShibaSwap provide users with opportunities to stake and earn rewards, making Shiba Inu (SHIB) more than just a meme currency. This expansion helps solidify its market position and attract a wider audience.

Balancing humor and professionalism

Mpeppe (MPEPE) offers a unique and light-hearted approach to the serious world of digital assets, balancing humor and professionalism. Inspired by internet memes and the dynamic energy of football fans, Mpeppe (MPEPE) is quickly gaining traction in the crypto community.

Mpeppe (MPEPE) offers an opportunity to reach a younger demographic and tap into the viral nature of internet culture. By balancing humor and professionalism, Mpeppe (MPEPE) appeals to a wide audience, from casual meme enthusiasts to serious investors. This strategy is similar to the one that made Shiba Inu (SHIB) so successful, but with a modern twist.

Expanding Reach and Adoption

Mpeppe’s (MPEPE) ability to leverage internet culture means it has the potential to rapidly expand its reach and adoption. The memecoin’s branding and community-driven approach make it accessible and appealing, much like Shiba Inu (SHIB) in its early days.

Why August is the month to invest

As the cryptocurrency market experiences a surge in interest, August presents a great opportunity to invest in promising assets like Shiba Inu (SHIB) and Mpeppe (MPEPE) Both coins are well positioned to capitalize on the growing interest in memecoins, driven by their unique appeal and active communities.

Conclusion: Don’t miss the benefits

Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for a profitable August, leveraging their viral potential and strong community support to attract a diverse audience. With the cryptocurrency market in full swing, now is the perfect time to consider investing in these promising memecoins. Just as Shiba Inu (SHIB) captivated the crypto world with its unique appeal, Mpeppe (MPEPE) is poised to make its mark. Don’t miss out on the potential gains these innovative digital assets have to offer.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

Fuente

Memecoins

Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further

Published

4 months ago

1 August, 2024

TokenTalk Staff

Solana climbs 4% on the back of rising Meme Coins and Alts

Solana, the fifth-largest crypto asset by market cap, has fallen 8% in the past 24 hours, according to CoinGeckolike his Meme Coin Market Prices of some coins, which can be notoriously volatile, have fallen by as much as 43% in the past day.

As the cryptocurrency market bleeds with Bitcoin (Bitcoin) down 2.7% and Ethereum (ETH) 4.2%, Solana (GROUND) was the hardest hit among the top 10 cryptocurrencies, falling 8.2% to $168 on the day, according to data from CoinGecko. Along with this, meme coin Solana suffered huge losses.

The biggest loser in the last 24 hours is the bigger of the two Black (NEIRO) on Solana which fell nearly 44% to $0.01821. These tokens were launched after the owner of Kabosuthe Shiba Inu that inspired the Doge meme, announced that she had adopted a new dog named Neiro. Interestingly, her rival on the network launched an hour beforealso called Black (NEIRO), is up 75.2%. It appears that the Solana Neiro Civil War is far from being decided.

Other big losers include: Pump.fun’s Favorites Billy (BOWL), down 26.4%, and Michi (MICHI), which fell 24.5%. Over the past 24 hours, both tokens have flipped their market caps multiple times, but dog token Billy is currently in the lead with $94 million, about $3 million ahead of Michi.

Dog with hat (Wireless), the largest meme coin on Solana, was also hit, dropping 12.4%. Bonk (BONK), the second-largest Solana meme coin, fell 9.1%. In fact, among the top 50 Solana meme coins by market cap, only four tokens are in the green, with Zoomer (ZOOM IN) leading the pack with 41.1%.

Meme coins are notoriously high-risk assets and tend to post disproportionate losses when the broader market experiences a downturn.

Brain (BRAIN), Michi (MICHI), Mini (MINI), Shark cat (SC), and many others, for example, have suffered greater losses in the last 24 hours than any of the top 100 cryptocurrencies by market capitalization.

In the world of meme coins, when it rains, it rains.

Edited by Stacy Elliott.

Fuente

Memecoins

Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD

Published

4 months ago

1 August, 2024

TokenTalk Staff

Trader Says Bitcoin's Path to $100,000 Is 'Currently Programmed', Updates Outlook on Memecoin That's Up Over 18,000% YTD

A widely followed analyst and trader expresses bullish sentiment on Bitcoin (Bitcoin) while offering his take on the memecoin built on Solana (GROUND) blockchain ecosystem.

Starting with Bitcoin, the analyst known by the pseudonym Altcoin Sherpa tell His 219,000 followers on social media platform X say Bitcoin is on the verge of hitting a six-figure price.

“There will be bumps along the way, but Bitcoin’s path to $100,000 is on schedule. Don’t get rattled or lost along the way.”

Source: Altcoin Sherpa/X

At the time of writing, Bitcoin is trading at $66,236.

According to For the widely followed trader, Bitcoin enjoys strong support between $63,800 and $65,000, where the 25, 55, 89 and 200 exponential moving averages (EMAs) on the daily chart have clustered.

Source: Altcoin Sherpa/X

Next up is the Solana-based memecoin Popcat (POPCAT). The pseudonymous trader and analyst said that among the cat memecoin family, POPCAT is one of the “best” in the long run.

Altcoin Sherpa, however, says POPCAT looks bearish on the short-term four-hour time frame and needs to climb above a range low between $0.694 and $0.724 to avoid falling further.

Source: Altcoin Sherpa/X

POPCAT was trading at $0.00379 on January 5th and is now at $0.704, a gain of approximately 18,475%.

Altcoin Sherpa also offers his take on dogwifhat (Wireless), Solana-based Memecoin. According to For the pseudonymous analyst, WIF “still looks pretty good for now” on the four-hour chart with the “best” support area sitting around $2.10.

“The average would probably be $2.30 to $2.10 if I were you and I was swing trading this one.”

Source: Altcoin Sherpa/X

WIF is trading at $2.27 at the time of writing.

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